Worldpay (formerly Vantiv) is a merchant services provider that enables small business owners to accept payments in-store, online, or a combination of both. It offers users with solutions such as recurring payment processing, mobile wallets, analytics, and more. In this article, we cover Worldpay reviews and pricing. Ready to get started? Apply Now.
Worldpay pricing is divided into two schemes: Pay As You Go (£0/month + £0.20/approximately $0.26 + 2.75% per transaction) or Pay Monthly (£19.95/approximately $25.50 per month + 0.75%-.75% per transaction). Worldpay does not charge any setup fees or any additional fee for foreign currency transactions.
|Pay As You Go|
0.75% - debit cards
Worldpay also offers volume pricing for businesses with more than 1,000 transactions per month.
Ready to get started with Worldpay? Apply Now.
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Summary of Positive Worldpay Reviews
Users who gave Worldpay a positive review said that merchants can collect payment quickly and with minimum holding. They added that it provides easy-to-use terminals to speed up transactions. They also shared that its support team efficiently solves issues with the system.
“Worldpay offers a good value payment gateway solution for many of our ecommerce customers using NetSuite and other platforms also. It is a modern retail-ready platform.”
Summary of Negative Worldpay Reviews
Users who gave Worldpay a negative review complained about issues such as terminals failing to work and money being withheld. Additionally, while some users have no issues with customer support, others said that it needs improvement.
“[Worldpay] took hundreds of dollars from my account, blamed it on a mistake that they weren’t responsible for and then after it was discovered they were at fault, took forever trying to blame everyone else but themselves. They offered no compensation for my time and inconvenience.”
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Check out the list below of some of Worldpay’s features:
- Payment device
- Payment software
- Data security
- Real-time reports
- Payment gateway
- Automated clearing house (ACH) transfers
- And more
What information do I need to provide when creating an account?
When creating an account with Worldpay, you will be asked to provide your email address and a password. Once your account is created, you can explore its test site. To start taking live payments, you need to activate your account, and you will need to provide the following: company name, trading name, address, registration number and value-added tax identification number, bank account details, owner’s details, the name, email address, and phone number of a business representative and a technical contact, and some basic information about your business.
How does Worldpay collect its fees?
Worldpay’s fees for processing a transaction is deducted when it transfers funds to the merchant’s bank account. The merchant will also be given a transfer report, which contains the details of the fees that have been deducted for each transaction, and the net amount to be paid.
Here is a list of some of Worldpay’s popular integrations: